Nu Skin Enterprises, reported revenue of $571.30 million for the quarter, compared to analysts expectations of $581.91 million.The company’s revenue was down -10.6% compared to the same quarter last year. During the same quarter in the previous year.
“With the introductions of ageLOC Me and ageLOC Youth, we are beginning a new business cycle that we believe will drive meaningful growth,” said Hunt.
“Based on the successful third-quarter introduction of ageLOC Youth in South Asia/Pacific, we anticipate positive global momentum from the introduction of these new products to continue in the fourth quarter and throughout 2016.
“Our balance sheet is strong, with a solid net-cash position. We are generating healthy cash flow and plan to use it to improve shareholder value, as demonstrated by today’s announcement of an increase in the company’s stock